InvestorsHub Logo
Followers 18
Posts 1829
Boards Moderated 0
Alias Born 01/11/2004

Re: Bobwins post# 13858

Thursday, 11/21/2013 12:48:48 PM

Thursday, November 21, 2013 12:48:48 PM

Post# of 17739
MMT.V

Judging by the video, the increase through AGIP may be very close. The divy announcement last year was in November, I believe, so it could happen anytime soon (although I agree usual schedule would be for early December announcement).

They are losing 24-25% oil (small diff from 28). I think they would increase production even with the sieve simply to ensure they can keep paying the divy and do the drilling they want to do. It's not like they think they are short of oil in the ground.

All that said I took some minor profits today (good practice after a 20%+ gain over two days)

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.